Comments on: lights, camera, jobloft http://www.cheezhead.com/2006/11/29/jobloft-dragons-den/ Insight and opinion from the world of employment. Mon, 13 Oct 2008 00:48:17 +0000 http://wordpress.org/?v=2.5.1 By: Jonathan Duarte http://www.cheezhead.com/2006/11/29/jobloft-dragons-den/#comment-3973 Jonathan Duarte Wed, 06 Dec 2006 06:36:17 +0000 http://www.cheezhead.com/2006/11/29/jobloft-dragons-den/#comment-3973 There is another Investment term that should never be over looked when seeking seed money... "dumb money". "Dumb Money" is pretty much what the guys at JobLoft would have been getting from the Dragons. They were being sold "Industry Knowledge", but that's not what they were only going to be getting "Business Knowledge". Industry Knowledge is very expensive. Business Knowledge is much cheaper. So, kudos to the professor, but dump him for his attitude... "those who do, do, those who can't... teach". The Dragon's seem genuinely interested in helping these guys get off the ground. They like the idea, and Get It. But the problem is, they have no knowledge of the Internet and especially Online Job board Market. JobLoft is a great set of "Features"... easily duplicated within a couple of weeks... ohh, that's right.. already been done. One of the Dragons got really excited about this being a "First Mover" advantage... How could it be??? The guy even said he uses Monster for his own company. Get a clue! My $.02.... JobLoft... get rid of your Professor. Bad Attitude at the wrong time. It's time to pay for some Industry Experience... Call John Sumser... Save your 50% equity. There is another Investment term that should never be over looked when seeking seed money… “dumb money”.

“Dumb Money” is pretty much what the guys at JobLoft would have been getting from the Dragons. They were being sold “Industry Knowledge”, but that’s not what they were only going to be getting “Business Knowledge”. Industry Knowledge is very expensive. Business Knowledge is much cheaper.

So, kudos to the professor, but dump him for his attitude… “those who do, do, those who can’t… teach”.

The Dragon’s seem genuinely interested in helping these guys get off the ground. They like the idea, and Get It. But the problem is, they have no knowledge of the Internet and especially Online Job board Market.

JobLoft is a great set of “Features”… easily duplicated within a couple of weeks… ohh, that’s right.. already been done.

One of the Dragons got really excited about this being a “First Mover” advantage… How could it be??? The guy even said he uses Monster for his own company. Get a clue!

My $.02….
JobLoft… get rid of your Professor. Bad Attitude at the wrong time.
It’s time to pay for some Industry Experience…
Call John Sumser… Save your 50% equity.

]]> By: Matthew Dewstowe http://www.cheezhead.com/2006/11/29/jobloft-dragons-den/#comment-3665 Matthew Dewstowe Thu, 30 Nov 2006 09:53:40 +0000 http://www.cheezhead.com/2006/11/29/jobloft-dragons-den/#comment-3665 Actually, I've got Canadian relatives I have never met. I hope they are nothing like this..... ;) Actually, I’ve got Canadian relatives I have never met.

I hope they are nothing like this….. ;)

]]> By: Peter Gold http://www.cheezhead.com/2006/11/29/jobloft-dragons-den/#comment-3637 Peter Gold Wed, 29 Nov 2006 22:28:31 +0000 http://www.cheezhead.com/2006/11/29/jobloft-dragons-den/#comment-3637 Too true, well said Matthew, saved me the effort! Maybe the clips show why America mocks the Canadians.... Too true, well said Matthew, saved me the effort! Maybe the clips show why America mocks the Canadians….

]]> By: Matthew Dewstowe http://www.cheezhead.com/2006/11/29/jobloft-dragons-den/#comment-3631 Matthew Dewstowe Wed, 29 Nov 2006 20:09:28 +0000 http://www.cheezhead.com/2006/11/29/jobloft-dragons-den/#comment-3631 Hi Joel What a great series of clips! Some comments from the other side of the pond...... I'm UK based and have recently been going through the investment process. Indeed friends suggested I even try the original, UK based Dragons' Den. So naturally I was an avid viewer. The first thing I'll say is that this Canadian version is a damn site cheezier than the UK version. The dragons are also alot nicer! Indeed they would even get a grilling from one key dragon, Peter Jones, for not wearing a jacket! Jobs by cellphone - ehhhhhh..... However, one thing the dragons do have in common with the UK dragons is that they milk entrepreneurs for all the equity they can. Frankly I think this idea would get laughed off in the UK. They'd be sent done the stairs as quick as they came up it! As for the last clip from the professor - well, I'd love to see Duncan Balentine respond to that! If I had the time I'd love to find some clips of the UK version. Then you'll see a proper grilling by dragons...... Matthew Hi Joel

What a great series of clips! Some comments from the other side of the pond……

I’m UK based and have recently been going through the investment process. Indeed friends suggested I even try the original, UK based Dragons’ Den. So naturally I was an avid viewer.

The first thing I’ll say is that this Canadian version is a damn site cheezier than the UK version. The dragons are also alot nicer! Indeed they would even get a grilling from one key dragon, Peter Jones, for not wearing a jacket!

Jobs by cellphone - ehhhhhh…..

However, one thing the dragons do have in common with the UK dragons is that they milk entrepreneurs for all the equity they can. Frankly I think this idea would get laughed off in the UK. They’d be sent done the stairs as quick as they came up it!

As for the last clip from the professor - well, I’d love to see Duncan Balentine respond to that! If I had the time I’d love to find some clips of the UK version. Then you’ll see a proper grilling by dragons……

Matthew

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